BlockSure: A Decentralized Blockchain Platform for Secure and Trustworthy Transactions
Transaction services built on the blockchain provide a revolutionary means of boosting security and trust in online transactions. The approach ensures more dependable transactions by reducing the chance of returns and cancellations by asking both buyers and sellers to stake a commitment. This decentralized platform is especially helpful for small businesses since it makes use of the transparent and immutable properties of blockchain technology to create a trustworthy environment. This study examines how blockchain technology can be applied in an ecosystem that is driven by business, emphasizing how it can lower fraud, boost accountability, and give people more power through decentralized governance. The proposed system seeks to transform the way transactions are carried out by integrating smart contracts, cryptographic security, and consensus methods. This would provide a safe, transparent, and fair marketplace for all participants.
Authors
- Munish Kumar (ORCID: https://orcid.org/0000-0003-0115-1620)
- S. V. S. Prasad
- A. Dogra
- Updesh Kaur Benipal
Institutions
- Chandigarh University (IN)
Publication Details
- Published
- 2024-12-13
- DOI
- https://doi.org/10.1109/ictbig64922.2024.10911144
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00